Cash-strapped EcoFirst to dispose of vacant land in Shah Alam to HCK Capital
The proposed disposal, at RM34 million, "would be a great stress relief to the group’s cash flow as compared to retaining the land for a potential loss-making development".
Country Heights unable to release 4QFY2023 result by deadline, faces trading suspension
Having missed the Feb 29, 2024 deadline to release its fourth quarter ended Dec 31, 2023 (4QFY2023) results, Country Heights Holdings Bhd (CHHB) is likely to be slapped with a trading suspension.
Swift Haulage launches eco-friendly facilities at Westport, signs deal with Sharp Electronics Malaysia
It also announced the signing of an integrated logistics services agreement with Sharp Electronics (Malaysia) Sdn Bhd for the provision of warehousing, storage and handling services.
Paragon inks MOU with Solarvest to develop green industrial township in JB
Paragon Globe Bhd has signed a memorandum of understanding (MOU) with Solarvest Holdings Bhd to jointly develop a solar-ready factory and green industrial township in Johor Bahru.
Boo Kuang Loon returns as Yong Tai CEO
Melaka-based tourism-themed developer Yong Tai Bhd has reinstated Datuk Wira Boo Kuang Loon as its chief executive officer (CEO), nearly nine months after his initial resignation on May 10, 2023.
Haily bags RM45.8 mil construction job to build houses in Johor
Haily Group Bhd has bagged a RM45.8 million contract to build 120 double-storey houses in Kulai, Johor, from a subsidiary of IOI Properties Bhd.
Service tax hike and high value tax implementation to weigh on consumers’ sentiment, says CLMT
The imminent service tax hike and the implementation of luxury goods tax this year could weigh on consumers’ sentiment, but the impact is yet to be seen for CapitaLand Malaysia Trust (CLMT), said the trust’s chief executive officer Tan Choon Siang.
CapitaLand Malaysia REIT Management chairman Lui Chong Chee resigns, to be replaced by Ng Tiong Lip
Lui Chong Chee has resigned as chairman and non-executive and independent director of CapitaLand Malaysia REIT Management Sdn Bhd (CMRM), manager of CapitaLand Malaysia Trust (CLMT), with effect from Feb 1.
Oriental Interest sees 42% rise in 1Q profit
Earnings per share increased to 3.41 sen from 2.41 sen.
Loss-making Avillion under spotlight as Daim charged in court
Avillion and 23 of its subsidiaries were listed among the 71 assets in the Malaysian Anti-Corruption Commission’s charge sheet, in its case against Daim.
